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Must Read: Dennis Wise Follows Up Attack On Newcastle Fans With Amazing Defence Of Ashley

7 years ago

After claiming that the biggest problem facing [intlink id=”48445″ type=”post”]Newcastle was the fans hatred of southerners[/intlink], Dennis Wise has now launched an extraordinary defence of Mike Ashley, using the most outlandish ‘facts’.

Speaking to Middle East channel beIN Sports, the irritating little….has come out with with a load of nonsense to try and justify Mike Ashley’s management of Newcastle United.

With such a spirited, if pathetic, defence of the Newcastle owner, I think you have to question whether Wise is still on Ashley’s payroll, with in my worst nightmares having the belief that Dennis Wise is the mystery man who Ashley turns to when it comes to the big football decisions at St.James’ Park.

Mike Ashley puts a quarter of a billion pounds and clears debt;

“When Mike Ashley took over the club, there was a massive hole that he had to get rid of, he put his hand in his pocket with a quarter of a billion pounds – he stuck that in and cleared the debt.”

No, he paid a market price to buy Newcastle United and if any element of that was to cover a ‘debt’ owed by the club, then that would have been reflected in the price he paid. I repeat, he bought a business at an agreed price, he didn’t out of the goodness of his heart take on Newcastle United ‘debts’.

MIke Ashley’s transfer ‘strategy’;

“He decided to run it in a structured way so there was no debt, so you can sell players with money, sell in and take out.

“He has set the structure with the wage bill and he sticks by it, he believes the club should be able to stay up.

“He is not going to go out and spend £200m like Liverpool.”

We are all quite aware of the transfer reality Dennis, sell players and use SOME of that money to buy replacements. Newcastle United have made a profit in the transfer market under Mike Ashley and no fan is demanding that we spend what Liverpool do on players.

Mike is a very honest guy;

“Mike’s a very honest guy and is very honest with people who work hard for him. He will give time (to Pardew) and he has no reason to move him out.

“He is very sensible in his thinking, he is not a nasty guy, he is a clever guy.”

Very honest with the people who work hard for him? Hmmm, try telling that to the tens of thousands Sports Direct workers who on zero hours contracts have no sick or holiday pay and no guarantee of hours from week to week.

Mike wants best for Newcastle United;

“He is a guy who wants the best for Newcastle United and he will structure that football club in a certain way so there is no debt.

“When they went mad (under Shepherd and Hall) and spent money, that was the hole that Mike ended up paying, that was the great big hole that was sitting there…and it is going to be there for a long long time.

“Could they carry on spending money? There had to be a stage where it had to be sorted out.

“Mike was not prepared to constantly throw money, his own money, just throw loads of money at the football club.”

Once again, Mike Ashley bought a business and has not thrown loads of money into the football club, rather he has had to stick money in to protect his investment after his stupidity, with Wise at the heart of it, got Newcastle relegated. He has the debt against the club for very beneficial reasons to himself, when it comes to how it helps his overall business empire overall.

Plus of course the massive benefits of promoting Sports Direct and his other brands for nothing, via Newcastle United.

Yes Shepherd and Hall ran the club in a ridiculous fashion much of the time, took massive stupid gambles, yet took fortunes out of the club in dividends and salaries despite failure on and off the pitch, then scooped the jackpot when they handed it to Mike Ashley and banked tens and tens of millions for a negligible investment.

What Dennis Wise conveniently fails to mention is that Mike Ashley is now banking massive amounts of extra money from TV revenue, rather than investing it in the playing side, or indeed any other part of the club.

In Hall/Shepherd’s final season of 2006/07, the broadcasting revenue was £25.9m, in 2013/14 that had soared to £77.4m, of course it would have been even higher if there had been any sensible investment in the team last January instead of selling our best player and buying nobody.

That is an extra £51.5m in tv revenue every season now and it is going to just go higher and higher.

Mike Ashley is at this club only for the massive benefits he is banking now, both in cash and associated positives such as the free worldwide advertising.

It makes me feel sick just thinking about all of this and the cherry on the rotten cake would be if in any way Dennis Wise was still financially benefiting from any involvement with Newcastle United/Mike Ashley.


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